The healthcare industry continues to consolidate. In the first half of 2018 alone, proposed megadeals were announced between Cigna and Express Scripts, CVS and Aetna, Walmart and Humana, and Optum and DaVita.1 The total price tag of healthcare mergers and acquisitions last year was expected to surpass $5 trillion.2 There…
Preparing an ambulatory surgery center (ASC) for sale requires considerable resources, both in time and expertise. Many ASC owners, however, wait too long to solicit advice on these complex transactions, which can result in a lower selling price and less advantageous nonfinancial terms, including governance, retirement provisions and ongoing management…
Originally posted on Nossaman LLP Please join Nossaman LLP and the California Ambulatory Surgery Association (CASA) on Thursday, March 7, 2019, for the 5th Annual West Coast Ambulatory Surgery Center Seminar in Los Angeles. This annual event brings together industry experts to address the challenges faced by today’s ASCs and will provide…
Written by Matthew Searles, Partner at Merritt Healthcare, for Becker’s ASC Review While the acquisition market for outpatient businesses, such as ASCs and surgical hospitals, remains strong, buyers are laser focused on quality of earnings which limits opportunities for some facilities to realize higher valuations. Facilities will find a competitive…
Merritt Healthcare is pleased to announce that Advanced Surgery Center has sold a majority interest to Surgery Partners, a leading national surgery center company. Advanced Surgery Center, is located in Omaha, Nebraska. Advanced engaged principals of Merritt to market their interest in the facility and advise the Facility during the…
Written by Laura Dyrda / Beckers Healthcare Review / February 19, 2018 If you are an ASC owner and have not already sold a majority interest in your ASC, we believe that no matter where you are in the lifecycle of your ASC or affiliated practice, that the following would be…
Matt Searles with Merritt Advisors to speak at Becker’s 23rd Annual ASC Review – October 18-20, 2018 – Chicago, IL
Merritt Healthcare Advisors’ Matt Searles to speak at Becker’s 16th Annual Spine, Ortho and Pain Conference – June 14-16, 2018 – Chicago, IL
Merritt Healthcare is pleased to announce that Cullman Surgery Center has sold a majority interest to Cullman Regional Hospital, a leading regional healthcare provider in northern Alabama. CSC, is located in Cullman, Alabama. CSC engaged principals of Merritt to market their interest in the facility and advise CSC during the…
By Anna Devine, Becker’s ASC Review Let’s start with when should a physician consider selling an interest in their center? We don’t believe there is a single right answer to this question. There are a lot of factors that go into selling an interest in a business and while at…
Achieving higher outpatient surgery center valuation and financial performance through benchmarking Anchors. Sutures. Surgical gloves. These items may be small, but their impact on your bottom line can be big. Medical and surgical expenses comprise nearly 30 percent of an ambulatory surgery center (ASC)’s total expenses, making them the second-biggest…